Baozun (NASDAQ:BZUN) Rating Lowered to Hold at StockNews.com

Baozun (NASDAQ:BZUN) was downgraded by investment analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Saturday.

Separately, Citigroup increased their price target on shares of Baozun from $3.90 to $4.20 and gave the stock a “buy” rating in a research note on Tuesday, November 26th.

Baozun Stock Performance

Shares of Baozun stock opened at $3.37 on Friday. Baozun has a one year low of $2.11 and a one year high of $4.38. The company has a market cap of $207.46 million, a PE ratio of -6.24 and a beta of 0.32. The business has a 50-day simple moving average of $2.94 and a 200-day simple moving average of $2.81.

Baozun (NASDAQ:BZUN) last released its quarterly earnings data on Thursday, November 21st. The technology company reported ($0.21) earnings per share for the quarter. Baozun had a negative return on equity of 5.58% and a negative net margin of 2.55%.

Institutional Investors Weigh In On Baozun

Institutional investors have recently added to or reduced their stakes in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Baozun during the third quarter worth $353,000. Barclays PLC grew its stake in Baozun by 2,153.5% in the 3rd quarter. Barclays PLC now owns 160,000 shares of the technology company’s stock worth $573,000 after acquiring an additional 152,900 shares during the period. State Street Corp acquired a new position in Baozun in the third quarter valued at $170,000. Marshall Wace LLP acquired a new stake in shares of Baozun in the second quarter worth approximately $55,000. Finally, Wolverine Trading LLC grew its stake in shares of Baozun by 42.5% during the 3rd quarter. Wolverine Trading LLC now owns 15,228 shares of the technology company’s stock valued at $52,000 after buying an additional 4,545 shares during the period. Hedge funds and other institutional investors own 47.29% of the company’s stock.

Baozun Company Profile

Baozun Inc, through its subsidiaries, provides end-to-end e-commerce solutions to brand partners in the People’s Republic of China. The company operates through two segments, E-Commerce and Brand Management (BBM). The E-Commerce segment offers brands’ store operations, customer services and value-added services in logistics and supply chain management, IT, and digital marketing.